15 Music House Lane

    15, MUSIC HOUSE LANE, NORWICH, NR1 1QL

    This flat/maisonette leasehold property on Music House Lane last sold in January 2014 for £117,000. Based on price growth in the NR1 district since then, its estimated current value is £121,174 — placing it in the 7th percentile nationally and the 11th percentile within NR1. The property covers 76 m² (818 sq ft), giving an estimated value of £1,594 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    818 sq ft

    76 m²

    Last Sale Price

    £117,000

    Jan 2014

    Estimated Valuation

    £121,174

    Est. £/sq ft

    £148/sq ft

    £1,594/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area818 sq ft (76 m²)
    EPC dateJul 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Jan 2014

    £117,000

    7 Dec 2007

    £134,950

    16 May 2005

    £101,000

    Key Metrics

    Estimated valuation£121,174
    Value per sq ft / m²£148/sq ft (£1,594/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NR1 district percentile11th percentile
    National percentile7th percentile

    District Context — NR1

    NR1 covers the city centre and immediate surroundings of Norwich, a historic cathedral city in Norfolk. The district has a vibrant urban character with a strong student and young professional presence, supported by cultural institutions and independent retail.

    Average Property Price - NR1

    £236,300

    23

    National percentile

    Average Net Household Income - NR1

    £33,613

    23

    National percentile

    10-Year Annualised Price Growth - NR1

    2.4%

    14

    National percentile

    10-Year Annualised Rent Growth - NR

    4.4%

    81

    National percentile

    View full analysis for NR1

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